Author Question: The following regression model has been computed based on a sample of twenty observations: = 34.2 + ... (Read 88 times)

charchew · **on:** Jun 24, 2018

The following regression model has been computed based on a sample of twenty observations: = 34.2 + 19.3x. The first observations in the sample for y and x were 300 and 18, respectively.

Given this, the residual value for the first observation is approximately 81.6. Indicate whether the statement is true or false

Question 2

Models can be specified as linear or nonlinear.

Indicate whether the statement is true or false